... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...

... Framework for the Establishment of a policy holders' Protection Fund in Hong Kong (Non-Life) Attachment: Annex A - Information Request Forms - Non-Life [Word] Attachment: Annex B - Guidelines to Information Request Forms - Non-Life [Word...

... Pecuniary Penalty in Respect of Regulated Persons under the Insurance Ordinance (Cap. 41) (the “Guideline”). The Guideline suggests that a pecuniary penalty should be effective, proportionate and fair, and that the IA will consider all circumstances of the case and take into account...

... made during the past year to promote Hong Kong as a global risk management centre and a regional insurance hub.  “The Belt and Road Initiative and the Greater Bay Area development are cornerstones of our strategy to strengthen market sustainability and global competitiveness,&rdquo...

... two returns.  Only one reporting currency is acceptable for each return submission by separate batch, for example USD in one batch and CNY in another batch. Separate batches must be uploaded one at a time via the CSV upload function. Calculation of levy must be finalized...

... Survey of Insurance Brokers 25 April 2018 Our Ref: MC/SUR/BKR By Email To: Chief Executives of all authorized insurance brokers Dear Sirs, Survey of Insurance Brokers As you may be aware, the Insurance Authority (“IA”) is in the course of preparing for the regulation of insurance brokers through a...